Shares of rate sensitive sectors such as financials, automobiles and real estate traded on a mixed note after the Reserve Bank of India (RBI) on Wednesday hiked the repo rate by 35 basis points (bps) to 6.25 per cent. RBI also lowered its GDP growth forecast for FY23 to 6.8 per cent from 7 per cent earlier. The policy rate is now at the highest level since August 2018. The RBI continued to keep the rate hike stance unchanged at “withdrawal of accommodation”. At 10:35 AM, the Nifty Bank, Nifty Financial Services, Nifty PSU Bank and Nifty Private Bank indices were up in the range of 0.10 per cent to 0.90 per cent. While, Nifty Auto and Nifty Realty indices were down 0.22 per cent and 0.15 per cent, respectively. In comparison, the Nifty 50 was up marginally 0.06 per cent at 18,653. Central Bank of India, UCO Bank, Indian Overseas Bank, Bank of India and Bank of Maharashtra from the PSU space were up between 3 per cent and 8 per cent on the National Stock Exchange (NSE). Power Fin